NewCloud Solutions for Financial Services
Improve Operational Efficiencies & Better Link Branches
In today’s digital market, financial institutions need safe and reliable data backups and storage to meet regulatory and compliance standards. Cloud computing is an excellent solution for the financial services industry, with the benefits of increasing both redundancy and versatility for IT systems. For example, hybrid cloud models can allow banks and credit unions the flexibility of maintaining in-house control over some business-critical data, while moving less business-critical data over to the cloud, allowing them to reduce costs while maintaining a high level of security.
Migration to cloud infrastructure among financial services institutions has increased significantly over the past several years. According to MarketWatch, the financial sector now has a higher than average rate of deployment of hybrid cloud systems, at roughly 21% penetration vs a rate of 18.5% global average. Multiple branches present another IT headache for financial institutions; implementing cloud infrastructure allows geographically distant branches to share IT resources more effectively via secure network connections, increasing both the agility of the IT system and improving the institution’s bottom line.
Cloud Use Cases for Financial Services
Backup as a Service (BaaS)
Backup as a Service (BaaS): backup important data and customer records to secure, cloud repositories
Hosted PBX: ensure crisp, clear voice quality when talking to clients from around the world and other bank branches
Disaster Recovery as a Service (DRaaS)
Disaster Recovery as a Service (DRaaS): prepare for cyber-attacks, human error, and natural disaster that threaten your business
Security as a Service (SECaaS)
Security as a Service (SECaaS): intrusion detection and prevention, email security, firewalls, dual-factor authentication, log management, and 24/7/365 security, all from one provider.